wabash national corp (WNC) Key Developments

Wabash National Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015

Jul 28 15

Wabash National Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $514,831,000 against $486,021,000 a year ago. Income from operations was $42,054,000 against $33,855,000 a year ago. Income before income taxes was $45,321,000 against $27,074,000 a year ago. Net income was $28,649,000 against $16,239,000 a year ago. Diluted net income per share was $0.41 against $0.23 per share a year ago. Operating EBITDA was $53,655,000 against $45,664,000 a year ago. Adjusted earnings were $23,586,000 or $0.33 per share against $16,924,000 or $0.24 per share a year ago.
For the six months, the company reported net sales of $952,428,000 against $844,141,000 a year ago. Income from operations was $69,317,000 against $53,320,000 a year ago. Income before income taxes was $62,029,000 against $40,854,000 a year ago. Net income was $39,122,000 against $23,535,000 a year ago. Diluted net income per share was $0.55 against $0.33 per share a year ago. Net cash provided by operating activities was $42,459,000 against net cash used in operating activities of $8,469,000 a year ago. Capital expenditures were $5,350,000 against $4,152,000 a year ago. Operating EBITDA was $92,790,000 against $76,282,000 a year ago. Adjusted earnings were $37,373,000 or $0.53 per share against $25,233,000 or $0.35 per share a year ago.
For the year 2015, the company expects increasing full year shipment and adjusted earnings guidance to 63,000 to 66,000 trailers and $1.25 to $1.35 per diluted share, a year over year improvement of 46% at the midpoint of the range.

Wabash National Corp. to Report Q2, 2015 Results on Jul 28, 2015

Jul 8 15

Wabash National Corp. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 28, 2015

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